Tag: finance

Ideaology is proud to announce its IDEA token pre-sale on December 1, 2020. The pre-sale event is an initial exchange offering …
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Many are adapting to changes in costs seen since the recent work-related lifestyle change Dubai: Hundreds of companies worldwide are quickly embracing a work-from-home culture that began during the …
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Emirates NBD, Dubai’s biggest bank, has unveiled its next-generation global corporate banking platform which includes a one stop shop for SMEs. The bank said the new omnichannel platform delivers a …
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Saudi Arabia’s central bank has fined 30 finance entities, including a UAE bank and some of kingdom’s largest banks, for violating its laws and demanded all the lenders correct the violations. The …
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Abu Dhabi: The Central Bank of UAE hosted the Government FinTech Forum in Abu Dhabi at the FinTech Abu Dhabi Festival 2020. “Despite the changes the global economy has undergone, the UAE is …
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The Qatar Financial Centre Regulatory Authority has asked a New York state court to enforce a 200 million Qatari riyal ($55 million) judgment from its financial court against First Abu Dhabi Bank over …
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Huadi International Group, which manufactures steel pipe and tube products in China, announced terms for its US IPO on Wednesday. The Wenzhou, China-based company plans to raise $25 million by …
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The Government of Dubai has formed the ‘Cashless Dubai Working Group’ to create an action plan to shift all payment transactions in Dubai to secure and easy-to-use cashless platforms across sectors.
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Islamic finance (IF) is a way of doing financial transactions and banking while respecting Islamic law or sharia. IF is today is a $2.5 trillion industry located in more than 80 countries, and …
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The UAE Central Bank has launched FinTech Office to develop a mature industry ecosystem within the UAE and position the nation as a foremost FinTech hub regionally and globally. “We are beginning to …
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The Central Bank of the UAE (CBUAE) announced on Wednesday the launch of a FinTech Office which aims to develop a mature financial technology ecosystem within the country. The new office, announced …
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penetration and perception of the Shariah-compliant banking sector in the UAE. “Respondents, both Muslim and non-Muslim, cite better rates and pricing as a factor influencing a potential shift to …
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Emirates NBD, a leading bank in the Middle East, North Africa and Turkey (MENAT) region and a front-runner in digital banking solutions, has unveiled its next-generation global corporate banking …
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Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, rang the market-opening bell at the Nasdaq Dubai on Tuesday, November 24, to mark its listing of a one $1bn sukuk on the exchange.
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Saudi Arabian investment bank Jadwa Investment’s private equity arm has hired HSBC to advise on the sale of its stake in Abu Dhabi healthcare group UEMedical, two sources familiar with the matter told …
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Nine individuals and nine firms have been found guilty in a Dh306-million money laundering case. An Abu Dhabi court on Tuesday fined the individuals Dh5 million each, while the companies will pay Dh50 …
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The service is available round the clock. He said the initiative is in collaboration with the Central Bank of UAE and Dubai Islamic Bank. “The smart service in line with Dubai Government’s …
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